Quizzes & Puzzles30 mins ago
Choc price increase !!!
11 Answers
Im sure I heard on the news this morning that the price of chocolate is set to soar as the cocoa beans price has risen so much.
I really have to give it up if it gets too expensive. What a blow for us chocoholics
I really have to give it up if it gets too expensive. What a blow for us chocoholics
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Some boring statistics for you:
The London futures market was trading cocoa at an average price of £2079.33 per tonne this week
One year ago the price was £1831.33 per tonne.
That's an increase of around 13.5% which, while it's significant, shouldn't put chocolate outside of the reach of most people.
The prices you can really expect to soar are those of bread and cakes. Wheat crops around the world have been badly affected by a series of natural disasters, together with the increasing use of land for bio-fuel production, at the same time as demand from China for wheat has risen sharply. Expect to see an ordinary sliced loaf costing very close to £2 (or possibly quite a bit more) fairly soon.
The London futures market was trading cocoa at an average price of £2079.33 per tonne this week
One year ago the price was £1831.33 per tonne.
That's an increase of around 13.5% which, while it's significant, shouldn't put chocolate outside of the reach of most people.
The prices you can really expect to soar are those of bread and cakes. Wheat crops around the world have been badly affected by a series of natural disasters, together with the increasing use of land for bio-fuel production, at the same time as demand from China for wheat has risen sharply. Expect to see an ordinary sliced loaf costing very close to £2 (or possibly quite a bit more) fairly soon.
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